Q5. If the CI on a certain sum for 2 years at 6% be Rs. 25.75, what would be the SI?
(a) Rs. 25
(b) Rs. 24
(c) Rs. 20
(d) Rs. 15
(e) None of these
Answers
Answered by
7
CI = 25.75
time, t = 2 yrs
rate of interest, r = 6%
principal, p = ?
As we know
so,
Now we know the formula for
simple interest si
SI calculated is approximately equal to
SI = Rs 25
So,
Correct option should be
(a) Rs. 25
Similar questions